Lange Construction Steel Daily Inventory: Market Price Fluctuations Weakening, Transactions Weak Overall | Steel_Sina

Lange Construction Steel Day Inventory: Market Price Fluctuations Weakening, Transactions Weak Overall

Billet price difference: Taking the Beijing market as an example, on May 12, the basis difference between the base price of HBIS 4910 yuan and the billet 4660 yuan was 250 yuan, which was 50 yuan narrower than the previous trading day.

Futures basis: Taking the Hangzhou market as an example, the basis difference between the base price of Zhongtian screw thread at 4830 yuan and the closing price of the main future screw at 4612 yuan on May 12 was 218 yuan, an increase of 209 yuan from the previous trading day.

Spot market situation: On May 12, the domestic construction steel market price fluctuated and weakened; the dominant market, Beijing, Hangzhou, Guangzhou, and Tianjin fluctuated and weakened.According to the monitoring data of Lange Steel Cloud Business Platform, the average price of Ф6.0mm high line in key domestic cities is 5,442 yuan/ton, down 10 yuan from the previous trading day; domestic key cities are Ф25mm grade 3RebarThe average price was 4949 yuan/ton, down 14 yuan from the previous trading day. In terms of leading cities: Beijing High Line (6mm) 6070 yuan/ton, stable; 3rd grade rebar (25mm) mainstream specification 4930 yuan/ton, down 30 yuan; Shanghai market high line 5450 yuan, down 20 yuan; 3rd grade thread Steel 4900 yuan / ton, down 20.

The market opened today, and the market price fluctuated and weakened. It is understood that the market price in Beijing has dropped today, the mainstream price of thread is 4910 yuan / ton, and the total shipment volume of 10 large households is 4000 tons. Today, the market price of Hangzhou building materials mainstream resources fell, and Zhongtian reported 4830 yuan / ton. According to the statistics of Lange Steel, on May 12, 12 building materials traders in Hangzhou shipped a total of 15,750 tons, a decrease of 8,650 tons compared with the previous trading day, and the demand was average. The mainstream prices in the Guangzhou market dropped today. At present, the mainstream prices of first-line resources are: Shaoxiang Yue 5050 yuan/ton, Liugang Wangang 5000-5050 yuan/ton, Xilin 4960 yuan/ton. Based on the above analysis, it is expected that the market will be stable on May 13.

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